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THE PRECARIOUS NATURE OF SOVEREIGN LENDING:IMPLICATIONS FOR THE BRADY PLAN
PRECARIOUS NATURE SOVEREIGN LENDING BRADY PLAN
2008/11/27
The so-called Brady Plan—the new policy of officially subsidized
reduction of the private debts of less developed countries (LDCs),
as announced by U.S. Treasury Secretary Nicholas Brady on March
1...
THE BRADY PLAN AND MARKET-BASED SOLUTIONS TO DEBT CRISES
BRADY PLAN MARKET-BASED SOLUTIONS DEBT CRISES
2008/11/19
At the end of the 1980s—the so-called “lost decade” in Latin
America—the incoming Bush administration devised the Brady Plan,
a new U.S. strategy that emphasized debt-forgiveness for highly
indebte...